Phase II payment definition

Phase II payment means an amount certified by the North Carolina Phase II Tobacco Certification Entity, Inc., to be paid pursuant to the trust agreement establishing the National Tobacco Grower Settlement Trust.
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Phase II payment means the distribution to the Parent, simultaneously with (and subject to) the consummation of the Phase II Acquisition, of up to the cash proceeds of the Phase II Equity Financing and the proceeds of the Tranche A Term Loans made on the Phase II Closing Date for the purpose of paying a portion of the purchase price for the Phase II Acquisition.
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Phase II payment means an amount certified by the North Carolina
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Examples of Phase II payment in a sentence

  • The following chart summarizes the Phase II payment rates for calendar year 2009, based on the type of benefit received.

  • After receipt and acceptance of tender the tendered cost shall be the basis for Phase I as well as Phase II payment.

  • A purchase order was prepared and a check was issued to the City of Clermont for the Phase II payment for the Inland Grove Corporation property.

  • Term: All Short-Term Residential Rental Licenses shall be valid for the remainder of the calendar year in which they were issued.

  • Given that the assessments paid by tobacco product manufacturers and importers under FETRA fully offset their MSA Phase II payment obligations, the growers in Maryland and Pennsylvania would no longer receive payments under the MSA Phase II program.

  • Phase II payment of $1,500 (10% of the award amount) to be distributed upon submission to and review by the Trust of your final report, your accounting of expenditures, due on 4/1/16.

  • Upon determination by the North Carolina Phase II Tobacco Certification Entity, Inc., that the estate of a decedent entitled to any Phase II payment covering a time period when the decedent was alive has been closed, the payment may be paid directly to those distributees and in those shares set forth on a list of Phase II distributees filed under this section without the estate's having to be reopened under G.S. 28A-23-5.

  • The DGCC reserves the right not to assign the entire amount.Funding and accounting of projects must respect the following phases: Phase I: announcement to the winners of the sum deliberated by the Jury.It will be possible to receive an advance payment of 20% (twenty percent) of the funding forthe start of the project’s production, without requiring guarantees or other collateral; Phase II: payment of 50% (fifty percent) of the awarded funding upon presentation of what art.

  • The estate of a decedent who is entitled to any Phase II payment may be reopened, if necessary, in accordance with G.S. 28A-23-5 in order to file a list of Phase II distributees under this section.

  • For the Phase II payment of around $1.45 billion (including foreign currency), Ta-Ho RSEA also applied to the Civil Execution Department of Taiwan Yunlin District Court for compulsory enforcement.

Related to Phase II payment

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Interim Payment has the meaning specified in Section 10.1.

  • Delta Payment means as it is described in this Agreement.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Payment Amount has the meaning specified in Section 6.1.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.